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Author: bibi

Fed throws fresh lifeline to financial system (Reuters)

Tuesday, November 25th, 2008 @ 12:43 pm

An auction sign in front of a California home in a file photo. (Kimberly White/Reuters)Reuters - The Federal Reserve threw a massive life-line to consumers on Tuesday with two new programs aimed at making it easier for them to obtain loans for homes, cars and on credit cards.

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